NOT LISTED FOR SALE

201 Terrace Dr Lowell, AR 72745

Estimated Value: $266,122 - $315,000

3 Beds
2 Baths
1,605 Sq Ft
$181/Sq Ft Est. Value

Last Sold July 31, 2013

Last sale price $94,000 $59 Per Sq Ft

Est. 210% increase in value since last sale

Current estimated payment $1,656/month

31 Days on Market

Highlights

  • Traditional Architecture
  • Covered Patio or Porch
  • Storm Windows
  • Fairview Elementary School Rated A
  • 2 Car Attached Garage
  • Central Heating and Cooling System

About This Home

As of July 2013

HUD Owned Property Managed by mmrem.com, Sold-As-Is Case #031-362257, Bids must be placed online at www.hudhomestore.com

Last Agent to Sell the Property

Terri McNaughton

McNaughton Real Estate License #PB00001140 Listed on: 05/30/2013

Last Buyer's Agent

Marcy Chavez

Weichert REALTORS - The Griffin Company Springdale License #SA00059605

Weichert REALTORS - The Griffin Company Springdale

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $676

Year Built

  • Built in 1978

Home Design

  • Traditional Architecture
  • Brick Exterior Construction
  • Slab Foundation
  • Shingle Roof
  • Asphalt Roof

Interior Spaces

  • 1,605 Sq Ft Home
  • 1-Story Property
  • Wood Burning Fireplace
  • Storm Windows

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Parking

  • 2 Car Attached Garage
  • Driveway

Utilities

  • Central Heating and Cooling System
  • Gas Water Heater
  • Phone Available
  • Cable TV Available

Additional Features

  • Covered Patio or Porch
  • Partially Fenced Property

Community Details

  • Franklin Terrace Subdivision

Listing and Financial Details

  • Legal Lot and Block 6 / 3

Home Details

Home Type

Single Family

Est. Annual Taxes

$676

Year Built

Built in 1978

Lot Details

0 Sq Ft Lot

Listing Details

  • Property Sub Type: Single Family Residence
  • Prop. Type: Residential
  • Lot Size: IRREG
  • Road Surface Type: Paved
  • Subdivision Name: Franklin Terrace
  • Directions: W 264/N FRANKLIN TO TERRACE DR
  • Architectural Style: Traditional
  • Garage Yn: Yes
  • Unit Levels: One
  • New Construction: No
  • Building Stories: 1
  • Structure Type: House
  • Year Built: 1978
  • Property Sub Type Additional: Single Family Residence
  • Special Features: None
  • Stories: 1

Interior Features

  • Appliances: Gas Water Heater
  • Full Bathrooms: 2
  • Total Bedrooms: 3
  • Fireplace Features: Wood Burning
  • Fireplaces: 1
  • Fireplace: Yes
  • Flooring: Carpet, Vinyl
  • Interior Amenities: None
  • Living Area: 1605.0
  • Window Features: Storm Window(s)

Exterior Features

  • Fencing: Partial
  • Lot Features: Subdivision
  • Waterfront Features: None
  • Disclosures: Sellers Disclosure Not Available
  • Construction Type: Brick
  • Exterior Features: Concrete Driveway
  • Foundation Details: Slab
  • Patio And Porch Features: Covered, Patio
  • Roof: Asphalt, Shingle

Garage/Parking

  • Attached Garage: Yes
  • Covered Parking Spaces: 2.0
  • Parking Features: Attached, Garage

Utilities

  • Cooling: Central Air, Electric
  • Cooling Y N: Yes
  • Heating: Central
  • Heating Yn: Yes
  • Sewer: Public Sewer
  • Utilities: Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association #2 Fee Frequency: Monthly

Schools

  • Junior High Dist: Rogers

Lot Info

  • Zoning Description: Residential

Tax Info

  • Tax Annual Amount: 676.0
  • Tax Block: 3
  • Tax Lot: 6

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
May 30, 2013
Closed on
Jul 26, 2013
Sold by
Secretary Of Housing & Urban Development
Bought by
Villa Oscar
Seller's Agent
Terri McNaughton
McNaughton Real Estate
Buyer's Agent
Marcy Chavez
Weichert REALTORS - The Griffin Company Springdale
List Price
$93,000
Sold Price
$94,000
Premium/Discount to List
$1,000
1.08%
Current Estimated Value
$291,031

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$197,031
Avg. Annual Appreciation
9.36%
Original Mortgage
$95,918
Outstanding Balance
$70,969
Interest Rate
4.34%
Mortgage Type
New Conventional
Estimated Equity
$220,062

Purchase Details

Closed on
Apr 18, 2013
Sold by
Jpmorgan Chase Bank Na
Bought by
The Secretary Of Housing & Urban Develop

Purchase Details

Closed on
Mar 22, 2013
Sold by
Cress Anthony D and Cress Arla N
Bought by
Jpmorgan Chase Bank Na

Purchase Details

Closed on
Oct 4, 2001
Bought by
Cress

Purchase Details

Closed on
Feb 21, 1986
Bought by
Valladao

Purchase Details

Closed on
Oct 1, 1984
Bought by
Bright
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Purchase History

Date Buyer Sale Price Title Company
Villa Oscar -- Professional Land Title Comp
The Secretary Of Housing & Urban Develop -- None Available
Jpmorgan Chase Bank Na $183,395 None Available
Cress $85,000 --
Valladao $54,000 --
Bright -- --
Heyland -- --
Source: Public Records

Mortgage History

Date Status Borrower Loan Amount
Open Villa Oscar $95,918
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
07/31/2013 07/31/13 Sold $94,000 +1.1% $59 / Sq Ft
07/01/2013 07/01/13 Pending -- -- --
05/30/2013 05/30/13 For Sale $93,000 -- $58 / Sq Ft
Source: Northwest Arkansas Board of REALTORS®

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $1,706 $46,260 $15,200 $31,060
2024 $1,449 $46,260 $15,200 $31,060
2023 $1,317 $29,470 $7,200 $22,270
2022 $1,005 $29,470 $7,200 $22,270
2021 $937 $29,470 $7,200 $22,270
2020 $877 $21,510 $4,000 $17,510
2019 $845 $21,510 $4,000 $17,510
2018 $870 $21,510 $4,000 $17,510
2017 $794 $21,510 $4,000 $17,510
2016 $794 $21,510 $4,000 $17,510
2015 $1,167 $21,930 $4,400 $17,530
2014 $817 $21,930 $4,400 $17,530
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Northwest Arkansas Board of REALTORS®

MLS Number: 681607

Northwest Arkansas Board of REALTORS®

APN: 12-00426-000

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